Local landowner companies benefit from PNG LNG project, PNG Government takes Woodlark stake, and Buka Airport disrupted by shut down. Your weekly digest of the latest regional business news.
In brief: PNG LNG project makes a significant contribution to landowner companies, and other business stories.
Welcome,
11 Sep 2014 by Leave a Comment
What’s on the agenda for Papua New Guinea business in 2014?
Welcome,
15 Jan 2014 by Leave a Comment
The coming year looks promising for Papua New Guinea business, with the giant PNG LNG project due to commence gas exports, and further investments looking likely. Meanwhile, eyes are on the O’Neill Government to see how it can improve the operating environment for business. Business Advantage PNG looks ahead to consider what 2014 may bring.
People moves: Airlines PNG and Cloudy Bay Sustainable Forestry
Welcome,
6 Nov 2013 by
Airlines PNG appoints a new Chief Commercial Officer in a restructure, while there is a leadership change at Cloudy Bay Sustainable Forestry.
Cloudy Bay wins full Forestry Stewardship Council certification
Welcome,
19 Jun 2013 by
Cloudy Bay Sustainable Forestry Ltd has achieved another milestone in its drive for sustainable development with the certification by the Forest Stewardship Council (FSC) for responsible forestry management.
No more illegal timber: European Union
Welcome,
20 Mar 2013 by
From this month, the European Union (EU) won’t be accepting illegally produced wood products. What impact will its decision have on PNG’s forestry sector?
Profile: Cloudy Bay Sustainable Forestry
Welcome,
1 Sep 2012 by Leave a Comment
The Cloudy Bay Sustainable Forestry Company operates to a simple formula: ‘high quality at a fair price.’ Cloudy Bay Sustainable Forestry Company places high value on sustainability. It received a Forest Stewardship Council (FSC) Controlled Wood and Chain of Custody accreditation in 2011. Since 2006, it has been developing a Forest Management Area in the […]
Sector profile: Manufacturing
Welcome,
1 Sep 2012 by 1 Comment
The range of products manufactured in Papua New Guinea is growing all the time. The range of goods made in PNG is quite impressive. Much of PNG’s manufactured produce is aimed at a domestic consumer market that is growing so rapidly—albeit from a low base—that many local manufacturers are struggling to meet demand. Many producers […]
Sector profile: Forestry
Welcome,
1 Sep 2012 by 13 Comments
Papua New Guinea’s forestry sector has bounced back from the 2008/9 slump, and is looking to value-adding, together with sustainability and traceability practices, for its growth. Papua New Guinea has immense forestry operations, with some 29 forest concessions covering 3.5 million hectares. Eight-four percent of PNG’s landmass is covered by forest, and 5.7 million hectares […]
Competitiveness and PNG goods
Welcome,
1 Sep 2012 by Leave a Comment
Papua New Guinea’s producers are continuing to profit from the country’s unprecedented economic boom as well as high international commodity prices, but they still face a mighty array of challenges. Made in PNG asks what factors influence the demand for PNG goods at home and overseas. You might assume that, given its low per capita […]
Forestry: Making more from a sustainable resource
Welcome,
1 May 2012 by Leave a Comment
Papua New Guinea’s forestry sector contributes 4% of the country’s GDP, with significant room to grow as it responds to the rising demand for sustainable and traceable forest products. While most of its income is from the export of round logs, PNG also produces furniture, plywood, prefabricated buildings and other forest products for domestic and export […]
USD 0.251
AUD 0.3939
GBP 0.1966
EUR 0.2385
NZD 0.4333
JPY 38.07
SGD 0.3368
Recent readers’ comments